Stocks Soar, Treasurys Plunge as Fears Subside Over Economic Growth, Fed Policy

[McFurd]

Yahoo Finance - 1/5/2019 - James Hyerczyk - The major U.S. stock indexes finished sharply higher on Friday on the back of two key bullish events. In the first event, the Labor Department’s December jobs report showed the economy added a robust 312,000 jobs. This was much higher than the consensus forecast of 176,000 jobs. Shortly thereafter, Federal Reserve Chairman Jerome Powell said the central bank will be more accommodative by exercising patience in raising rates, subduing fears of a hawkish Fed in 2019. Read more @ https://finance.yahoo.com/news/stocks-s ... 44560.html